US’ nod to ToRs for trade pact with India sets the stage for trade talks in Washington

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Ustr's new emphasis on 'prohibitive tariffs' in agricultural products can make the Indian team difficult to visit the Indian team

Ustr’s new emphasis on ‘prohibitive tariffs’ in agricultural products can make the Indian team difficult to visit us | Photo credit: Amyl Aughinghouse

With the United States finally giving its official approach to the terms of reference for the Bilateral Commercial Agreement of India-United States (BTA), the scenario is now ready for officials from the two parties, who meet this week in Washington DC, to bottling the cars of ISES, ises and ises and ISES and ISES.

However, it is likely that the current one is difficult for India, with the commercial representative of the United States, Jamieson Greer, reinforcing on Wednesday the need for target cuts in agricultural products, an economic and political sensitive area for India.

“The United States has one of the lowest average rates applied in agricultural products. But many of our commercial partners maintain prohibitive rates that limit export opportunities for American farmers and farmers,” Greer Post said.

Agricultural Trade

Unjust and unrecognized practices have deactivated US competitiveness and led to large and persistent commercial deficits with many commercial partners, he added. “This year it is projected that the United States Agricultural Deficit will grow at $ 49 billion, a higher record!” Greer said.

In addition to the scope of rates cuts, a decision on other areas such as intellectual property, digital trade, government acquisition, social security and work visas will now also be eliminated among the commercial officials of the two parties, the sour sources.

“The United States wink for Tors, announced by the vice president of the United States, JD Vance, after his meeting with Prime Minister Narendra Modi on Monday, has arrived just in time to give direction to the senior officials of the two countries, who meet in Washington DC this week,” A “A”. A. “A.” This week, “to this week”, this week “, one week”, A. “A. Business line.

TORS describe the specific objectives of a commercial agreement, such as reducing tariff barriers, non -tariff barriers, regulatory conerns and customs facilitation or addressing specific issues related to trade, such as commercial deficits.

On the table

“Commercial officials will now discuss, among other things, what should be the scope of tar cuts, which everyone would qualify as non -tariff barriers and how they should deal with and what regulatory issues should be deprived for the ASIC area. Sensitive.” The official said.

The officials will also try to schedule the conversations in a way that a part of the 90 -day pause period for reciprocal rates of the United States is reached.

On April 2, the president of the United States, Donald Trump, announced reciprocal tariffs in most countries that have commercial surpluses with the US. UU., Including India, which slapped himself with 26 percent of taxes, but arrested them for 90 days to give time for commercial agreements.

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